Re: credit score needed for AAFES?

The Army and Air Force Exchange Service uses a systematic and automated process of granting credit and credit limit increases which is based off of information returned from the credit bureau and custom scoring credit risk models built by Fair Isaac Corporation, the originator of the FICO score and the leader in decision management driven by advanced analytics.The initial granting of credit is solely based on information in the application, that include debt to income ratio and past payment history. Factors such as gender, race, religion, nationality, marital status are not considered in credit scoring. Lenders using credit scoring, by law, cannot use personal feelings to determine risk. They can only focus on facts related to credit risk.The granting of credit limit increases is based off of customer behavior with the current line of credit they received. Factors such as months since delinquency, maximum delinquency and months since payment are just a few.At the request of the consumer, applications previously declined, may be manually reviewed and reevaluated for credit. During this review process, the agent may request a credit report from an alternate credit bureau reporting agency and compare information reported by each bureau and the application score calculated by the scorecard process. AAFES is not in the position to determine the validity of the information returned by any credit bureau reporting agency.

Re: credit score needed for AAFES?

How can I find out what the required credit score is in order to get a military star card?

You will pretty much get approved as long as you do not have too many baddies. My buddy just applied for one and he has little to no credit history, and he got approved for $1900. When i first applied, I had 0 credit history and started off with $700 limit. This is my oldest account and since the 2 years I have had it, I have gotten automatic CLI to $5150 and now stands as my highest CL on my cards.

Re: credit score needed for AAFES?

AAFES wrote: The Army and Air Force Exchange Service uses a systematic and automated process of granting credit and credit limit increases which is based off of information returned from the credit bureau and custom scoring credit risk models built by Fair Isaac Corporation, the originator of the FICO score and the leader in decision management driven by advanced analytics.The initial granting of credit is solely based on information in the application, that include debt to income ratio and past payment history. Factors such as gender, race, religion, nationality, marital status are not considered in credit scoring. Lenders using credit scoring, by law, cannot use personal feelings to determine risk. They can only focus on facts related to credit risk.The granting of credit limit increases is based off of customer behavior with the current line of credit they received. Factors such as months since delinquency, maximum delinquency and months since payment are just a few.At the request of the consumer, applications previously declined, may be manually reviewed and reevaluated for credit. During this review process, the agent may request a credit report from an alternate credit bureau reporting agency and compare information reported by each bureau and the application score calculated by the scorecard process. AAFES is not in the position to determine the validity of the information returned by any credit bureau reporting agency.

Hi, welcome to the forums!

You appear to have some sort of official connection with AAFES. We're delighted to have you here, but if you don't mind, would you please send a pm to Barry, the myFICO admin for the boards, and let him know that you're here?

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